Page 5 - Capex

Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Hindalco jumps 4% as firm unveils capital allocation framework

The company expects to generate over $1-1.2 billion cash flow per annum post its normal working capital and maintenance capex

60% of govt 'spending spree' inevitably goes towards committed outlay

With schemes like MGNREGA and cash support via PM-KISAN given priority in allocation from the remainder, govt is forced to dip into capital receipts from disinvestment and borrow from the market

Two-wheeler makers plan to resume capital expenditure plans in FY22

This will come as a boost for the government, seeking private sector capex

Do not foresee material change in Capex profile with 5G: Airtel CEO

Bharti Airtel recently declared that its network is 5G-ready

Adani, GMR among others in fray for redeveloping New Delhi railway station

The station Redevelopment is a flagship project of Rail Land Development Authority, involving $680 million capex

Budget bets big on growth: FM squeezes subsidies, raises capex again

Asset sale to get Rs 1.75 trillion; transparent budgeting gets a leg-up

Budget share of capital expenditure highest in decade, aims for investments

Public spending push is expected to help push growth after pandemic slowdown in investments

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

Scope for tax concession limited in Budget, higher capex may be focus: EY

Srivastava said the fiscal deficit in the current fiscal is likely to be between 6.5-7 per cent

Capex plans alive even during Covid-19; BSE100 firms add Rs 55K-cr assets

BSE100 firms add Rs 55K-cr assets amid pandemic, per Deloitte-Business Standard analysis

Companies shelve capex plans on pandemic blow, new projects decline 88%

Completed projects are down 74.3 per cent to Rs 43,000 crore

Greenpanel hits new high on capex plan; stock zooms 160% in 3 months

The company's board approved capital expenditure (capex) of Rs 55 crore at its medium-density fibreboard (MDF) plants for better productivity and cost-efficiency

Chevron cuts spending plans again, sets 2021 budget of $14 billion

The company said it now expects its total capital and exploratory budget through 2025 to be between $14 billion and $16 billion, down from an earlier forecast of between $19 billion and $22 billion.

12 major states may have to cut capex by Rs 2.5-2.7 trillion in FY21: Icra

Icra projected the aggregate debt of these 12 states to deteriorate sharply to 28.9% of GSDP

State govt-funded infra capex expected to remain weak in near term: ICRA

As per ICRA estimates, major states together had a budgeted capital outlay of over Rs 5.7 trillion for FY2021 as against revised estimates (RE) of Rs 5.1 trillion in FY2020

IFC to support Netafim India's capex & working capital requirements

The proposed $75 million long-term financing will be in the form of Non-Convertible Debentures

HPCL raises Rs 2,000 cr debt for funding its capex during current year

Coupon rate will be 4.79 per cent per annum for the debt instruments which will mature on October 23, 2023

FM asks 14 CPSEs to spend 75% of Rs 1.15 trillion capex by December end

Govt looks to sustain pace of capital and infra projects to soften economic blow; Till H1 of FY21, these PSUs spent Rs 37,423 cr, or just 32%. In FY20, they spent Rs 1.16 trn or 104% of capex goal

FM holds 4th review meeting on capex of Central Public Sector Enterprises

While reviewing the performance of CPSEs, Sitharaman said CAPEX by CPSEs is a critical driver of economic growth and need to be scaled up for the FYs 2020-21 & 2021-22.